Crude oil: Trading lower in Asian session

Posted on March 15, 2011 by GCI Financial

Oil prices advanced 0.61% against the USD for the 24 hour period ending 23:00GMT, closing at 101.61, following concerns that instability in the Middle East may increase after Saudi Arabia sent its troops into Bahrain. Investors await the oil inventory … Continue reading →

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Silver: Trading sharply lower this morning

Posted on March 15, 2011 by GCI Financial

Silver prices declined 1.49% to USD 35.81 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 4:00GMT, silver is trading at USD 34.76 per ounce, 2.93% lower, from 23:00GMT. The first level of short term resistance … Continue reading →

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Gold: Gold drops as commodities, equities tumble on Japanese crisis

Posted on March 15, 2011 by GCI Financial

Gold prices traded lower by 0.19% against the USD in the 24 hour period ending 23:00GMT, at 1,426.48 per ounce, snapping a two-day advance, as Japan’s strongest quake and a worsening nuclear accident spurred concern that the global economic recovery … Continue reading →

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Crude oil: Crude straddles below $100-a-barrel in Asian session, with focus on Japan

Posted on March 14, 2011 by GCI Financial

Oil prices declined 1.98% against the USD on Friday for the 24 hour period ending 23:00GMT, closing at 100.58, after a massive earthquake and tsunami devastated northeastern Japan and threatened to send the world’s third-largest economy into recession. At GMT … Continue reading →

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Silver: Trading lower this morning

Posted on March 14, 2011 by GCI Financial

Silver prices rose 1.85 % to USD 35.88 per ounce on Friday during the 24 hours ending 23:00GMT. In the Asian session at 4:00GMT, silver is trading at USD 35.84 per ounce, 0.11% lower, from 23:00GMT. The first level of … Continue reading →

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Gold: Yellow Metal shines further amid worries over nuclear issues in Japan

Posted on March 14, 2011 by GCI Financial

Gold prices traded higher by 0.57% against the USD on Friday in the 24 hour period ending 23:00GMT, at 1,418.90 per ounce. In the Asian session at 4:00GMT, gold is trading at USD 1,423.38 per ounce, 0.32% higher from 23:00GMT, … Continue reading →

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Gold: Gold slides as dollar, Chinese data prompt profit-taking; trading higher in Asian session

Posted on March 11, 2011 by GCI Financial

Gold prices traded lower by 1.44% against the USD in the 24 hour period ending 23:00GMT, at 1,410.89 per ounce. In the Asian session at 4:00GMT, gold is trading at USD 1,415.13 per ounce, 0.30% higher from 23:00GMT. The pair … Continue reading →

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Silver: Trading higher in Asian session

Posted on March 11, 2011 by GCI Financial

Silver prices declined 2.38 % to USD 35.23 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 4:00GMT, silver is trading at USD 35.34 per ounce, 0.31% higher, from 23:00GMT. The first level of short term … Continue reading →

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Crude oil: After a sharp decline yesterday, trading flat in Asian session

Posted on March 11, 2011 by GCI Financial

Oil prices declined 1.71% against the USD for the 24 hour period ending 23:00GMT, closing at 102.61, amid fall in the US stocks, strengthening dollar and trade deficit in China, raising concerns of a downfall in the energy demand. At … Continue reading →

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Crude Oil: Rises on heightened violence in Libya

Posted on March 10, 2011 by GCI Financial

Oil prices declined 0.31% against the USD for the 24 hour period ending 23:00GMT, closing at 104.40, on investors’ concern over the unrest in the Middle East and North Africa. The US Energy Information Administration reported that the crude supplies … Continue reading →

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Silver: Trading lower in Asian session

Posted on March 10, 2011 by GCI Financial

Silver prices rose 0.17% to USD 36.09 per ounce during the 24 hours ending 23:00GMT. In the Asian session at 4:00GMT, silver is trading at USD 35.97 per ounce, 0.33% lower, from 23:00GMT. The first level of short term resistance … Continue reading →

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